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Breaking Down New Jersey’s Budget

July 16, 2024

On June 28, New Jersey lawmakers passed the fiscal year 2025 state budget. To summarize it in one word: disappointing. NJBIA's Chris Emigholz joins us to discuss some of the major elements of the budget - the corporate transit fee, the $2.1 billion structural gap, property tax relief, public worker pension funding - and the potential impact and implications.

Resources:

New Jersey Budget articles and resources

Christopher Emigholz

Christopher is the Chief Government Affairs Officer for the New Jersey Business & Industry Association (NJBIA) covering taxation, budget and economic development. Previously, he was a budget director for the State Senate Republican Office for 8 years and directed education policy and legislative affairs in the New Jersey Department of Education prior to that. Chris has a Master of Public Policy degree from Rutgers’ Bloustein School and a Bachelor of Arts degree from Johns Hopkins University.

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Analyzing Governor Murphy’s Budget Proposal

Jeffrey Kaszerman

Jeff Kaszerman is the vice president of government relations for New Jersey Society of CPAs. He works with the CEO and board of trustees to create and implement advocacy initiatives that protect and promote the interests of the CPA profession, the business community and the public.

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